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Parsons Successfully Conducts First-Of-A-Kind Threat Environment Demonstration

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Parsons (NYSE: PSN) has achieved a significant milestone by successfully integrating its Threat Representative Environment (TReX) emulator onto a SeaTrac Unmanned Surface Vehicle (USV) during maritime operations in the Gulf of Mexico. The demonstration, conducted in November in collaboration with the University of Southern Mississippi, Mississippi Air National Guard, and SeaTrac Systems, marks a breakthrough in U.S. Air Force training operations.

The TReX system simulates real-world threats using advanced algorithms and real-time data, while the solar-powered SP-48 USV enables 24/7 mission execution without human risk. This integration provides a cost-effective solution for military training, reducing operational expenses compared to manned vessels while maintaining high-fidelity simulation capabilities.

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Positive

  • First successful integration of TReX threat emulator with unmanned maritime vehicle
  • Cost reduction through elimination of manned missions
  • 24/7 operational capability with solar-powered USV technology
  • Enhanced training efficiency through high-fidelity simulation environment

Negative

  • None.

Insights

The integration of Parsons' TReX threat emulator with SeaTrac's unmanned surface vehicle marks a significant advancement in military training technology. The combination of autonomous systems and threat simulation capabilities creates a cost-effective and efficient training platform that could drive substantial revenue growth in Parsons' defense segment.

The solution addresses critical market demands for realistic military training while reducing operational costs through solar-powered, unmanned operations. This positions Parsons strategically in the growing defense modernization market. The successful demonstration could lead to broader adoption across military branches, potentially opening new revenue streams through expanded contracts and partnerships.

This development strengthens Parsons' competitive position in the defense technology sector. The successful demonstration validates their technological capabilities and could lead to increased contract opportunities with the U.S. military. The focus on cost reduction through autonomous operations aligns well with defense budget optimization initiatives, potentially creating a strong value proposition for future sales.

The collaboration with multiple stakeholders, including academic institutions and the Air National Guard, demonstrates Parsons' ability to execute complex integrations and could enhance their reputation as a leading defense technology provider. This could positively impact their market share in the military training systems market.

Milestone Event Combines Autonomous Systems and Threat Emulation Capabilities

CHANTILLY, Va., Dec. 16, 2024 (GLOBE NEWSWIRE) -- In a groundbreaking initiative to enhance U.S. Air Force training operations, Parsons Corporation (NYSE: PSN), in collaboration with the University of Southern Mississippi, the Mississippi Air National Guard, and SeaTrac Systems, has integrated the company’s Threat Representative Environment (TReX) emulator onto a remotely operated SeaTrac Unmanned Surface Vehicle (USV) during maritime operations. This first-of-its-kind demonstration was conducted off the U.S. Gulf of Mexico in November and establishes a new benchmark for realistic training environments for Air Force pilots and operators.

Parsons’ TReX threat emulator is designed to simulate threats that military personnel may encounter during real-world missions. Utilizing advanced algorithms and real-time data, TReX creates dynamic and realistic scenarios that enable operators to develop critical skills in threat assessment, decision-making, and operational response. During the exercise, Parsons combined this high-fidelity simulation with SeaTrac’s SP-48 USV, while targeting airborne systems and communicating with the command-and-control center via commercial and non-commercial communication mediums. Because SeaTrac’s SP-48 is solar-powered and remotely commanded, the USV can execute missions at sea 24/7 with no harm to humans or the environment and reduces operational costs when compared to manned vessels. This novel milestone helps the U.S. Air Force train as they fight.

“Employing the TReX threat emulator aboard an uncrewed maritime platform optimizes training efficacy and is a cost-effective approach for executing comprehensive training exercises,” said Mike Kushin, President of Defense and Intelligence for Parsons. “This innovative solution reduces logistical, and personnel costs associated with manned missions while facilitating a high-fidelity simulation environment—ultimately elevating the United States Air Force's operational readiness.”

Realistic open-water training also yields collaboration between different branches of the military, fostering communication and tactical strategies that can be employed during joint operations. Pilots and operators will gain insights into maritime operational protocols and the roles of unmanned systems, fostering a more comprehensive understanding of multi-domain operations. Additionally, utilizing the TReX threat emulator within an unmanned maritime vehicle represents a financially responsible method for conducting extensive training exercises, reducing costs associated with manned missions while providing a high-fidelity simulation environment.

About Parsons
Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how we're making an impact.

About SeaTrac Systems, Inc.
SeaTrac Systems, Inc. manufactures, sells, and rents cost-effective, multi-purpose long endurance solar-powered Uncrewed Surface Vehicles for commercial, scientific, and military applications. The SeaTrac USV can carry various sensors and custom payload modules that make it perfect for research, monitoring, or surveillance tasks where autonomy, cost, and ease of deployment matter. For more information, visit our website at seatrac.com.

About USM’s Roger F. Wicker Center for Ocean Enterprise

USM’s Roger F. Wicker Center for Ocean Enterprise Facility is a research and development partnership program focused on uncrewed maritime systems and blue technology innovation. The facility hosts the co-location of federal and industry partners with The University of Southern Mississippi in 62,500 square feet of laboratories, training, and conference space. The complex includes deep and shallow water access for oceanographic research vessels.

Media Contact:
Angie Benfield        
+1 803.334.5277
Angie.Benfield@parsons.com

Investor Relations Contact:
Dave Spille
+ 1 703.775.6191
Dave.Spille@Parsons.us


FAQ

What is Parsons' TReX emulator and how does it enhance military training?

Parsons' TReX (Threat Representative Environment) emulator is a simulation system that creates realistic threat scenarios for military training using advanced algorithms and real-time data. It enhances training by enabling operators to develop critical skills in threat assessment and operational response.

How does PSN's integration with SeaTrac's USV benefit Air Force training operations?

The integration provides cost-effective, 24/7 training capabilities without human risk, using solar-powered unmanned vessels instead of manned operations, while maintaining high-fidelity threat simulation for realistic training scenarios.

What are the key advantages of PSN's maritime demonstration in the Gulf of Mexico?

The demonstration showed reduced operational costs, enhanced training effectiveness, and improved safety through unmanned operations, while facilitating multi-domain operations training and inter-branch military collaboration.

How does PSN's TReX-USV integration impact military training costs?

The integration reduces logistical and personnel costs associated with manned missions while providing high-fidelity simulation training, offering a more financially responsible method for conducting extensive military training exercises.
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